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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: ccryder who wrote (2147)	3/9/1998 6:00:00 PM
From: Geoff	Respond to of 10852

Earnings thumbnail from Readware! ================= Subject: Earnings Date: Mon, Mar 9, 1998 17:02 EST From: Readware Message-id: <19980309220201.RAA22231@ladder03.news.aol.com> Earnings profile thumbnail: It looks like SSL had $51 million EBITDA, Sky (with Sat) $48 million; backout C* and G* capitalizing (= $65 million), leaves (after, accounting for, all other entries) $34 million EBITDA, $.06/share net income for the year. If I am right on Skynet, Skynet will do $157 million EBITDA (not my original $ 120 million) in 1998 (SatMex proportion will be $9 Million EBITDA). I think the Orion EBITDA has to move up to $49 million for 1998 (excludes 1st qtr, which does not accrue to Loral) [I do not know the taxloss carryforward provisions-- no guidance from Loral yet]. These observations are cursory, but I believe within 3-4% of the actual result.

To: ccryder who wrote (2147)	3/9/1998 7:51:00 PM
From: JMD	Read Replies (1) \| Respond to of 10852

ccryder (absolutely love your net handle although I didn't 'get it' for a few months--i.q. challenged). Your point is absolutely valid: there are any number of institutional investors whose 'charter' precludes them from investing in the stocks of companies who are not earnings positive. From today's price and volume action, it is clear that the institutions were buying with both fists. Which is kind of amusing to think of these guys sitting there waiting for "it" to be official when they knew it was either this quarter or more likely next quarter for the magic cross-over to inevitably occur. Then Bernie tosses in a little gain from sale of an airplane brake company and it was "whoopsie" buying panic time. Totally ludicrous, but enjoyable. BTW, the same thing is true with regard to dividends: some mutual funds can't own stocks that don't pay dividends, period end of story. So my guess is Bernie will magically declare some teeny weeny little dividend 4 or 5 years from now and we'll have another 'fund' day. Kind of nuts from my perspective as I could care less about day to day price fluctuations, but a mite painful for the shorts I'd imagine. Mike Doyle